Page 52 - Policy Economic Report - December 2025

POLICY AND ECONOMIC REPORT
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‘Toyota Mirai’ demonstrates India’s rapid movement from policy to experimentation and further towards
commercialization of hydrogen-based mobility solutions.

Shri Naik commended the strong partnership between industry, research institutions, and government in
advancing hydrogen technologies under the National Green Hydrogen Mission, and emphasized that
NISE’s assessment of the Mirai vehicle under Indian road and climatic conditions will generate valuable
insights for future scale-up. He expressed confidence that the pilot project will contribute to the wider
adoption of hydrogen-based clean transportation, improved air quality, and sustainable development
across the country. The Minister congratulated Toyota Kirloskar Motor for its continued trust in India’s
clean energy ecosystem and appreciated NISE for undertaking this important responsibility, extending his
best wishes for the successful implementation of the initiative.

Mr. Vikram Gulati, Country Head and Executive Vice President, Corporate Affairs and Governance, Toyota
Kirloskar Motor stated, "This partnership with the National Institute of Solar Energy (NISE) and the
handover of the ‘Toyota Mirai’ for testing & Trails, reaffirm our dedication to supporting India's Green
Hydrogen Mission and accelerating the nation's transition toward future mobility that is powered by green
& indigenous energy sources. We believe hydrogen fuel-cell technology, alongside other sustainable
public technologies, will play a pivotal role in helping India achieve its net-zero commitments and energy
independence objectives." Shri Santosh Kumar Sarangi, Secretary MNRE, Dr Mohammad Rihan, Director
General, National Institute of Solar Energy and Shri Abhay Bakre, Mission Director, National Green
Hydrogen Mission also attended the event.

Cabinet approved CoalSETU window: Auction of coal linkages for diverse industrial uses and exports,
ensuring fair access and optimal resource utilisation

The Union Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi
approved the Policy for Auction of Coal Linkage for Seamless, Efficient & Transparent Utilisation
(CoalSETU) by creation of new window named "CoalSETU window" in the NRS Linkage Policy to utilise coal
for any industrial use and export. The new policy adds to the series of coal sector reforms being
undertaken by the Government.

The Policy will allow allocation of coal linkages on auction basis on long-term for any industrial use and
export by adding a separate window named CoalSETU in the NRS (Non-Regulated Sector) Linkage Auction
Policy of 2016 wherein any domestic buyer requiring coal can participate in the linkage auction. The coking
coal shall not be offered under this window.

The existing policy for auction of coal linkages for the NRS provides for allocation of all fresh coal linkages
to NRS viz. Cement, Steel (Coking), Sponge Iron, Aluminium, and Others [excluding Fertilizer (Urea)]
including their Captive Power Plants (CPPs) to be auction based. As per the present policy of NRS Linkage,
the sub-sectors are for specified end users only.

Looking at the current & future market dynamics and for the purpose of ease of doing business and for
accelerated utilization of existing coal reserves and reduce dependence on imported coal for meeting
country's energy requirement, there was a need to have a fresh look at the current arrangements of coal

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